International Pacts

Russia’s oil pipeline monopoly transneft- runs from Eastern Siberia to NE city of Daqing. Russia’s Gazprom: world’s largest gas producer signed framework agreement get to sort out pricing. Will be finalised by mid 2011, start supply in 2015. Also signed pacts on co-op in future energy efficiency, renewable energy, nuclear power and prevention of illegal … Continue reading →

Blackrock: Profile

2. benefit the most from an improvement in the macro environment, through either higher oil prices or increased industry capital expenditure.

3. oil services

(Backdrop of oil price driven earnings revisions is a positive one, there are many company-specific factors to highlight even in flat price environemnt. Companies that are low-cost producrs and have strong resource positions, and high impact exploration programmes that are attracting value.)